Paramount Global PARA is preparing to release its quarterly earnings on Friday, 2024-11-08. Here's a brief overview of what investors should keep in mind before the announcement.
Analysts expect Paramount Global to report an earnings per share (EPS) of $0.21.
Investors in Paramount Global are eagerly awaiting the company's announcement, hoping for news of surpassing estimates and positive guidance for the next quarter.
It's worth noting for new investors that stock prices can be heavily influenced by future projections rather than just past performance.
Past Earnings Performance
In the previous earnings release, the company beat EPS by $0.42, leading to a 0.88% increase in the share price the following trading session.
Here's a look at Paramount Global's past performance and the resulting price change:
| Quarter | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 |
|---|---|---|---|---|
| EPS Estimate | 0.12 | 0.36 | 0 | 0.11 |
| EPS Actual | 0.54 | 0.62 | 0.04 | 0.30 |
| Price Change % | 1.0% | -7.000000000000001% | -0.0% | 15.0% |
Paramount Global Share Price Analysis
Shares of Paramount Global were trading at $11.38 as of November 06. Over the last 52-week period, shares are down 5.95%. Given that these returns are generally negative, long-term shareholders are likely bearish going into this earnings release.
To track all earnings releases for Paramount Global visit their earnings calendar on our site.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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